By Staff Reporter
ISLAMABAD: The World Bank said it will provide about $2 billion in aid to Pakistan, ravaged by floods that have killed more than 1,700 people this year.
Latest
Delay in filling vacancies in SC raises eyebrows
By Staff Reporter
ISLAMABAD: After the retirement of five Supreme Court judges, there has been a noticeable delay in filling up their vacant positions, and this has resulted in eyebrows being raised the senior judges.
Pakistan to provide 4,500 scholarships to Afghan students
By Staff Reporter
ISLAMABAD: Pakistan’s federal government will provide educational scholarships to Afghan students.
Ministries to conduct Techno-Economic Feasibility studies for development projects
By Staff Reporter
ISLAMABAD: The government has instructed all federal ministries/divisions as well as four provinces to implement Techno-Economic Feasibility studies for undertaking multi-billion rupees development projects in an efficient manner.
‘Horse-trading’ to cipher strategy, more audio clips of ex-PM Khan surface
By Naveed Naqvi
ISLAMABAD: Two alleged audios of former prime minister Imran Khan surfaced on Friday, featuring him trying to buy the loyalties of lawmakers and also justifying his action ahead of a no-confidence vote in April.
Finance Minister Ishaq Dar is seen addressing a media conference in this undated photo courtesy of APP.
PKR 100 billion to subsidise power for export industries
Confident that the initiative will not break the budget, Finance Minister Ishaq Dar hopes it will enhance the industries’ competitive edge in export markets. By Muhammad Ali.
PM Sharif accuses PTI Khan of high-level treason
By Staff Reporter
ISLAMABAD: Prime Minister Shehbaz Sharif on Thursday accused his predecessor Imran Khan of committing high-level treason by peddling the foreign conspiracy narrative for his ouster in April that inflicted an irreparable damage to the country’s reputation.
Moody’s cuts Pakistan’s rating to Caa1, affirms negative outlook
By Staff Reporter
KARACHI: Global ratings agency Moody’s cut Pakistan’s sovereign credit rating on Thursday by one notch to Caa1 from B3, citing increased government liquidity, external vulnerability risks and higher debt sustainability risks, following the devastating floods in the country.
Moody’s rating downgrade ‘unilateral’, ‘not truly reflective’: Finance Ministry
By Staff Reporter
ISLAMABAD: The finance ministry has rejected Moody’s decision to downgrade Pakistan’s sovereign credit rating to Caa1 — very high credit risk status — as ‘unilateral’ and ‘not truly reflective of the country’s macroeconomic conditions”.
Image courtesy of APP
WB extends $2 billion for Pakistan flood rehab
Pakistan Development Outlook says implementation of IMF-sponsored reform has been made more challenging by this monsoon’s catastrophic floods.  By Muhammad Ali.